What report must an agent include information on hazardous hobbies due to discrepancies on an application?

The Agent's Report is crucial in the insurance application process, particularly when it comes to disclosing information about hazardous hobbies. An agent's professional responsibility includes thoroughly documenting any inconsistencies or significant details noted during the application process. If there are discrepancies related to hazardous hobbies, the agent must include this information in their report to the insurer.

By providing this detailed account, the agent aids the underwriters in assessing the risk involved in issuing a policy. This is especially important because hazardous hobbies can significantly affect a person's insurability and the terms of the policy offered. The Agent's Report ensures that the insurer has a complete picture of the applicant's risk factors, which assists in making informed decisions regarding coverage and premiums.